| XME latest price $52.4900 (2.02%) ($51.3000 - $52.7800) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 85 |
Latest Price | $52.4900(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XME advances 1.6% a day on average for past five trading days. |
Weekly Trend | XME advances 4.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XME advance at 0% a week (0% probability) XLB(49%) URA(46%) VT(44%) BOTZ(42%) DRIV(42%) |
Factors Impacting XME price | XME will decline at least -1.365% in a week (0% probabilities). UUP(-32%) VIXM(-21%) TBT(-10%) VXX(-4%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.365% (StdDev 2.73%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.1% |
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